Nordstrom’s reaffirmed annual forecasts overshadow quarterly revenue beat – ET Retail
Nordstrom on Thursday warned of an uncertain economy and said consumers were resilient but selective , after the department store owner merely maintained its annual forecasts for sales and profit Shares in Nordstrom dropped nearly 5% in after-market trading. The company, which sells pricier clothes, shoes, and accessories, beat first-quarter revenue expectations. Department store chains…